CNN – Business/Consumer

By John Towfighi, CNN New York (CNN) — Six months into President Donald Trump’s second term, a quick glance at the stock market might offer a reassuring picture: The S&P 500 just closed above 6,300 points for the first time ever and has notched eight record highs in the past month. If you look at

By Chris Isidore, CNN (CNN) — Tesla’s troubles continued Wednesday as the company reported a double-digit drop in adjusted earnings for the second quarter, a fall that followed a record sales drop in the same period. The company’s adjusted net income, the measure most closely followed on Wall Street, fell $419 million from one year

CNN, POOL, @REALDONALDTRUMP , TRUTH SOCIAL, CBC, @realDonaldTrump / Truth Social By Kit Maher and Elisabeth Buchwald, CNN (CNN) — President Donald Trump announced a long-awaited trade agreement with Japan on Tuesday night, a framework between allies and major trading partners that appeared elusive just weeks ago. “I just signed the largest trade deal in

By Kit Maher and Elisabeth Buchwald, CNN (CNN) — President Donald Trump announced a long-awaited trade agreement with Japan on Tuesday night, a framework between allies and major trading partners that appeared elusive just weeks ago. “I just signed the largest trade deal in history; I think maybe the largest deal in history with Japan,”

By Clare Duffy, CNN New York (CNN) — OpenAI CEO Sam Altman says the world may be on the precipice of a “fraud crisis” because of how artificial intelligence could enable bad actors to impersonate other people. “A thing that terrifies me is apparently there are still some financial institutions that will accept a voice

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Tuesday he and President Ferdinand Marcos Jr. of the Philippines have reached a trade agreement. Shortly after, he also revealed more detailed terms of an agreement with Indonesia. Both agreements call for 19% tariffs on goods the US imports from the two countries, paid by

By Matt Egan, CNN New York (CNN) — The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege. President Donald Trump’s relentless attacks on Federal Reserve Chair Jerome Powell are so intense that one prominent economist is raising eyebrows by arguing that Powell should quit to protect the

CNN By Liam Reilly, CNN (CNN) — Jon Stewart pulled no punches Monday over CBS’s cancellation of Stephen Colbert’s late-night show. During Monday night’s broadcast of “The Daily Show,” Stewart’s first since Colbert on Thursday shared that “The Late Show” would not return beyond May 2026, the late-night veteran lambasted CBS for canceling the program.

By Jordan Valinsky, CNN New York (CNN) — Target is changing a roughly decade-old policy that let customers save some extra cash. The retailer is altering its “price match” policy, which allowed customers to request and receive a refund for the difference of a product if the shopper found the identical item cheaper at Amazon,

By Brian Stelter, CNN (CNN) — Stephen Colbert gained a little help from his friends and late-night rivals on Monday, his first night back on “The Late Show” since announcing that CBS is ending the legendary show. NBC’s Jimmy Fallon, HBO’s John Oliver, and Comedy Central’s Jon Stewart were among the faces in the “Late

By Jordan Valinsky, CNN New York (CNN) — Coca-Cola confirmed that it will release a new Coke made with cane sugar. The announcement follows a social media post from President Donald Trump last week in which he claimed he persuaded the company to replace high-fructose corn syrup. The company revealed in its earnings report Tuesday

By Chris Isidore, CNN (CNN) — For years, Tesla has earned billions of dollars from its competitors just for selling electric vehicles. But that windfall is about to go away, just when the company may need it the most. Regulatory credit sales have been a huge source of revenue for the automaker, which currently faces

By Samantha Delouya, CNN (CNN) — President Donald Trump’s tariffs could have an unintended side effect: making homeownership even less affordable for many Americans. A new report from the Canadian Chamber of Commerce estimates that the average cost of building a US home could rise by an additional $14,000 by the end of 2027 if

By Bryan Mena, CNN Washington (CNN) — President Donald Trump has blasted Federal Reserve Chair Jerome Powell for months for not lowering interest rates, even threatening to fire the central banker. Now, the White House is seizing on a $2.5 billion renovation of the Fed’s headquarters in Washington, DC, as a potential legal opening to

By Liam Reilly, CNN (CNN) — Jon Stewart pulled no punches Monday over CBS’s cancellation of Stephen Colbert’s late-night show. During Monday night’s broadcast of “The Daily Show,” Stewart’s first since Colbert on Thursday shared that “The Late Show” would not return beyond May 2026, the late-night veteran lambasted CBS for canceling the program. “The